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National Tax Lien Association Hosts Symposium in New York City

Wednesday, October 21, 2015   (0 Comments)
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New York, NY, October 21, 2015 — This year’s symposium kicked off with hard manual labor as several NTLA members helped rebuild a coastal Brooklyn area home hit by Hurricane Sandy. Partnering with local housing organizations like Rebuilding Together NYC, who have similar missions of keeping homeowners in their homes is a goal of the NTLA. Rebuilding Together NYC’s mission is to transform the lives of low-income homeowners by improving the safety and health of their homes and revitalizing their communities. For more information about Rebuilding Together NYC, please visit www.rebuildingtogethernyc.org

Year after year, the NTLA Fall Symposium is successful in bringing forth leaders in the tax lien industry to discuss diversified, insightful and current topics. At this year’s event in New York City, held Oct. 8th and 9th at the Le Parker Meridien Hotel, attendees took in the sharp educational sessions, made connections at the networking events and enjoyed some alluring off-site dining affairs.

NTLA Tax Lien Symposium

"Tax Lien Solutions" being the theme of the event was perfectly illustrated to a full audience in sessions stacked with panelists, discussing methods of tax lien securitization, bulk and auction solutions, and tax lien financing. A major part of the NTLA’s mission is to establish positive, professional relationships with the public sector, and so, many panelists included tax collectors, county treasurers, revenue commissioners and other local and state public officials. For a full list of speakers and panelists, visit www.ntla.org/2015Symposiumspeaker

“The symposium was a great opportunity to network with an array of people in the different areas of tax liens, deeds, investing and lending. It was very interesting to hear about how different states facilitate the influx of monies coming into their towns and counties” said Kammie Verdolina, President, TCTA of NJ.

A highlight of the event included Keynote Speaker, Senator Christopher Murphy of Connecticut who delivered a powerful and information speech on U.S. current affairs. "America became the most powerful, most innovative economy in the world through a unique partnership between public sector investment and private sector ingenuity" said Senator Murphy of Connecticut. "Spending cuts and revenue increases won’t be easy, but by putting our nation on a path to a balanced budget we send a signal to domestic and international investment markets that the U.S. will remain the safest bet for investment in the increasingly competitive global marketplace."

In a session presented by NTLA Executive Director Brad Westover, imperative market research findings were divulged, proving the projected ‘Next Foreclosure Crisis’, by the National Consumer Law Center was entirely over exaggerated and lacking factual data. With over two years of diligent research conducted by the NTLA, findings confirm that foreclosures due to non-payment of property taxes occur on less than .05% of US homeowners. In Florida specifically, the number of tax deeds sold on homesteaded properties decreased by 77% from 2013 to 2014. 

“Events such as the NTLA Symposium and Annual Conference are imperative for this industry. The networking and education I receive is really valuable" said Stephen Seal, CEO, Voyager Pacific.

The NTLA will hold its 2016 Annual Conference and Meeting on February 24-26 at the W Hotel in Fort Lauderdale, FL. The Annual Conference marks the largest of its kind and will gather hundreds of tax lien professionals from both sectors to hold necessary discussions on topics like fund management, tax lien securitization, portfolio servicing, secondary market trading, and tax lien acquisitions. For more information about the 2016 NTLA Annual Conference and Meeting, please visit www.ntla.org/2016NTLAAnnual